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Beskrivelse
David F. Hendry is a seminal figure in modern econometrics. He has pioneered the LSE approach to econometrics, and his influence is wide ranging. This book is a collection of papers dedicated to him and his work. Many internationally renowned econometricians who have collaborated with Hendry or have been influenced by his research have contributed to this volume, which provides a reflection on the recent advances in econometrics and considers the future progress forthe methodology of econometrics. Central themes of the book include dynamic modelling and the properties of time series data, model selection and model evaluation, forecasting, policy analysis, exogeneity and causality, and encompassing. The book strikes a balance between econometric theory andempirical work, and demonstrates the influence that Hendry's research has had on the direction of modern econometrics.Contributors include: Karim Abadir, Anindya Banerjee, Gunnar Bardsen, Andreas Beyer, Mike Clements, James Davidson, Juan Dolado, Jurgen Doornik, Robert Engle, Neil Ericsson, Jesus Gonzalo, Clive Granger, David Hendry, Kevin Hoover, Soren Johansen, Katarina Juselius, Steven Kamin, Pauline Kennedy, Maozu Lu, Massimiliano Marcellino, Laura Mayoral, Grayham Mizon, Bent Nielsen, Ragnor Nymoen, Jim Stock, Pravin Trivedi, Paolo Paruolo, Mark Watson, Hal White, and David Zimmer.Mannermaa's revisionist work on justification in Luther's theology--a notable contribution from one of the most influential Finnish scholars of Luther studies-- is now available in English. His book opens up new interpretive questions for historical theology with striking implications for ecumenism, ethics, and spirituality. He writes, "the idea of the divine life in Christ which is present in faith lies at the very center of the theology of the Reformer." He argues that later Lutheran interpretation of this teaching has portrayed justification as more mechanical and forensic than Luther did, underestimated the extent to which God's righteousness is also ours, and obscured the radical personal transformation that Luther attributed to justification.
